Complex Systems with Patrick McKenzie (patio11) cover image

Reporting on tech with Kelsey Piper

Complex Systems with Patrick McKenzie (patio11)

CHAPTER

The Evolution of Equity Compensation in Tech Industry

The chapter delves into OpenAI's unique structure and the importance of vested equity for employees. It explores the changing landscape of equity compensation, focusing on stock options, tender offers, and ethical considerations. The discussion also touches on the impact of canceled vested equity on ex-employees and the role of advocating for fair practices in the tech industry.

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